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Ultrasound Market Size, Opportunities, Company Profile, Developments and Outlook 2029

Ultrasound Market: size was valued at USD 7.24 Bn. in 2022 and the total Ultrasound revenue is expected to grow by 6.5% from 2023 to 2029, reaching nearly USD 11.25 Bn.

Ultrasound Market Report Overview

The report provides a comprehensive analysis of the current and future market scenario for the Ultrasound market. It provides insights and updates on the key sectors, including demand across the world, product manufacturing, income generation, and sales and revenue. The report also provides two scenarios for a complete analysis of the market, including Ultrasound sales in the forecast period. The first scenario is based on the assumption that the Ultrasound market will continue to grow at its current rate. The second scenario is based on the assumption that the market will experience some disruption, such as a change in regulations or a new product entering the Ultrasound industry. The report also includes a detailed analysis of the competitive landscape, including the key players, their strategies, and their strengths and weaknesses. This analysis will help businesses to identify opportunities and threats in the market and to develop strategies to succeed.

Ultrasound Market Report Scope and Research Methodology

The Ultrasound market report provides a comprehensive analysis of the market, including recent developments, trade regulations, import/export analysis, production analysis, value chain optimization, market share, the impact of domestic and localized market players, opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths and regional growth.

The report also includes a PESTLE analysis, which identifies the micro and macro-level factors that are influencing the market. A SWOT analysis is also included, which identifies the strengths and weaknesses of the market. The report also focuses on the global key players in the market, including market leaders, followers, and new entrants.

Ultrasound Market Regional Insights

The research covers a detailed analysis of the market size and dynamics in North America, Canada, Mexico, Europe, Germany, France, Spain, Italy, Rest of Europe, Asia-Pacific, China, India, Japan, Australia, Korea, ASEAN countries, rest of APAC, South America, Brazil, Middle East and Africa.

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Ultrasound Market Segmentation

With a 72% market share, the Diagnostic Ultrasound devices category leads the industry in terms of technology. This is due to the numerous uses in cancer, cardiology, and obstetrics. The need for diagnostic ultrasonography equipment is also anticipated to increase due to technology improvements and the rising prevalence of numerous lifestyle-related illnesses. The desire for more advanced diagnostic tools, including miniaturized 2D and 3D/4D, is also expected to fuel the global market for diagnostic ultrasound equipment. It is further divided into 2D, 3D/4D, and Doppler segments.

1 Global Ultrasound Market, by Technology (2022-2029)
Diagnostic Ultrasound
2D Ultrasound
3D & 4D Ultrasound
Doppler Ultrasound
Therapeutic Ultrasound
High-Intensity Focused Ultrasound (HIFU)
Extracorporeal Shockwave Lithotripsy (ESWL)
2 Global Ultrasound Market, by Device Display (2022-2029)
Color Ultrasound
B/W Ultrasound
3 Global Ultrasound Market, by Portability (2022-2029)
Trolley/Cart-based Ultrasound Systems
Compact/Handheld Ultrasound Systems
Point-of-care (PoC) Ultrasound Systems
4 Global Ultrasound Market, by Application (2022-2029)
Radiology/General Imaging Applications
Obstetrics/Gynecology Applications
Cardiology Applications
Urology Applications
Vascular Applications
Orthopedic and Musculoskeletal Applications
Pain Management Applications
Other Applications (hepatology, neurology, bariatric surgery, breast imaging, and emergency care, among others)
5 Global Ultrasound Market, by Component (2022-2029)
Transducers/ Probes
Curvilinear/ Convex Array Probes
Linear Array Probes
Phased Array Probes
Other Probes
Other components
6 Global Ultrasound Market, by End-User (2022-2029)
Hospitals, Surgical Centers, and Diagnostic Centers
Maternity Centers
Ambulatory Care Centers
Research and Academia

Ultrasound Market Key Players

1. GE Healthcare (US)
2. Hologic, Inc (US)
3. Integra Medical Systems LLC (US)
4. Analogic Corporation (US)
5. Carestream Health (US)
6. Medgyn Products, Inc (US)
7. United Imaging Healthcare Co., Ltd. (US)
8. Clarius Mobile Health (Canada)
9. Neusoft Corporation (China)
10. SonoScape Medical Corp. (China)
11. Mindray Medical International Limited (China)
12. Chison Medical Technologies Co., Ltd. (China)
14. Hitachi Ltd. (Japan)
15. FUJIFILM Holdings Corporation (Japan)
16. Konica Minolta, Inc (Japan)
17. Samsung Medison Co., Ltd. (South Korea)
18. CURA Healthcare (India)
19. Siemens Healthcare (Germany)
20. Esaote SpA (Italy)
21. Koninklijke Philips N.V. (Netherlands)
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Key questions answered in the Ultrasound Market are:

What is the expected Ultrasound market size by the end of the 2029?
What is the expected CAGR of the Ultrasound market during the forecast period?
What are the emerging trends in the Ultrasound Market?
What are the factors contributing to the final price of Ultrasound?
What are the major challenges that the Ultrasound Market could face in the future?
Who held the largest market share in the Ultrasound Market?
Key Offerings:

Past Market Size and Competitive Landscape (2017 to 2021)
Past Pricing and price curve by region (2017 to 2021)
Market Size, Share, Size & Forecast by different segment | 2023−2029
Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by region
Market Segmentation – A detailed analysis by segments and their sub-segments
Competitive Landscape – Profiles of selected key players by region from a strategic perspective
Competitive landscape – Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER’s analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
About Maximize Market Research:

Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.

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